DALLAS (AP) —
Southwest Airlines is offering buyouts and extended leaves of absence to airport workers to avoid what it calls “overstaffing in certain locations,” which it blames on a shortage of new planes from Boeing.
The move on Monday comes as a hedge fund presses Southwest to increase profits and boost the stock price, which has fallen sharply since early 2021.
A Southwest spokesperson said the offers of “voluntary separation” are limited to 18 airports. The company declined to identify the airports or say how many jobs it hopes to eliminate.
apnews.com/article/southwest-airlines-workforce-buyouts-jobs-d4b9eeef608522dae26c31dcdaf48e26
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